1994 - 1996
PetroVietnam Trading Company (PETECHIM)
Petechim Company, formerly PetroVietnam Trading Company (trading as PetroVietnam Trading Company – PVTC), was established on April 8th 1994. In October 1994, PetroVietnam Trading Company was assigned to import-export crude oil and equipment, spare parts for oil and gas industry, and given the international trade name of Petechim from Oil and Gas Export and Import Company which had been under the direction of the Ministry of Trade. On 27th September 2006, Petechim Company was changed into PetroVietnam Trading One Member Company Limited pursuant to the Decision No. 215/2006/QD-TTg of the Prime Minister.
PetroVietnam Oil Processing and Distribution Company (PDC)
PetroVietnam Oil Processing and Distribution Company (PDC) was established in 1996 by restructuring Tuy Ha Petrochemical Processing Company and Lubricant and Grease Company (VIDAMO). In April 2001, 2 petroleum trading enterprises of PTSC Company were incorporated into PDC for the purpose of reinforcing technical infrastructures, making PDC a core unit in oil and gas industry, distributing and trading petroleum products nationwide. In 2007, PDC was changed into the model of One Member Company Limited. In October 2007, PetroVietnam transfered its equity in Petromekong Company to PDC.